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Can it break through the recent downtrend, retrace from the initial pulse on the daily chart, and continue its positive trend again.
Looking at swinging it to 1:1 or 127% of the first leg. Either early entry or entry after price retraces if it breaks through resistance.
I trade carefully, risk-reward >2.5.... utilizing stop loss...
Cheers.
Can it break through the recent downtrend, retrace from the initial pulse on the daily chart, and continue its positive trend again.
Looking at swinging it to 1:1 or 127% of the first leg. Either early entry or entry after price retraces if it breaks through resistance.
I trade carefully, risk-reward >2.5.... utilizing stop loss...
Cheers.